219-221 Park Street
South Melbourne


CIRCA 4.5% NET RETURN

Property Features


Property ID: 3350190

Building Size
620 m2
Land Size
1011.00 m2

PRIME FOR RE-PURPOSING!


For Sale by Expressions of Interest closing Friday 12th July at 3:30pm

Boasting a 20 metre frontage to two streets respectively, with an overall site area of 1011 sqm, this Commercial 1 site merely doors from Clarendon Street on the verge of Emerald Hill, provides a proven tenancy history with a compelling case of value adding in the near to medium term.

Consisting of 620 sqm built improvements, being 5 self-contained tenancies and up to 6
on-site car parks that currently return $272,492.64 net annually.

Call now to advance your interest.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.